PPP Loan information for Mercado machinery international inc

$60,530

Mercado machinery international inc was initially approved for PPP Loan of amount $60,530, the current approved amount is $60,530. The loan was approved on 04/28/2020 by The Midland States Bank reported 4 jobs and $60,530 was used to fund payroll.

Mercado machinery international inc is Existing or more than 2 years old

PPP Loan Search / IL / ROCKFORD / Mercado machinery international inc

MERCADO MACHINERY INTERNATIONAL INC

Date Approved

04/28/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MERCADO MACHINERY INTERNATIONAL INC

Borrower Address

1340 21ST ST

Borrower City

ROCKFORD

Borrower State

IL

Borrower Zip

61108

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

60530.00

Current Approval Amount

60530.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21299

Servicing Lender Name

Midland States Bank

Servicing Lender Address

110 S. 5th St

Servicing Lender City

EFFINGHAM

Servicing Lender State

IL

Servicing Lender Zip

62401-2453

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCKFORD

Project County Name

WINNEBAGO

Project State

IL

Project Zip

61108-1200

CD

IL-17

Jobs Reported

4

NAICS Code

336999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3027.00

Payroll Proceed

54477.00

Mortgage Interest Proceed

0.00

Rent Proceed

3026.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

21299

Originating Lender

Midland States Bank

Originating Lender City

EFFINGHAM

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

61282.89

Forgiveness Date

08/02/2021

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